Brookside Mezzanine Partners has made an undisclosed investment in Stagnito Partners. Headquartered in Deerfield, Illinois, Stagnito, a portfolio company of Topspin Partners LBO, is a publisher of trade publications that targets food, gourmet and convenience store retailers.
Brookside Mezzanine Partners is pleased to announce its investment in Stagnito Partners, LLC (“Stagnito”). Founded in 1990 and headquartered in Deerfield, Illinois, Stagnito is a trade media company that is the leading resource for food, gourmet and convenience store retailers. Stagnito publishes seven industry- leading, business-to-business magazines in addition to producing research, directories and custom marketing solutions targeted to the needs of its customers.
Brookside Mezzanine Partners provided a unitranche debt facility and common equity to support the recapitalization and acquisition strategy of Stagnito, an existing portfolio company of Topspin Partners LBO, L.P. (“Topspin”). “We are pleased to complete this transaction with Brookside Mezzanine Partners,” said Steve Lebowitz, Managing Director of Topspin. “They have demonstrated time and time again that they are good partners to work with, and we look forward to growing the business to the next level with their partnership.”
About Brookside Mezzanine Partners
Founded in 2001, Brookside Mezzanine Partners manages in excess of $500 million across three mezzanine funds. The Firm is a leading provider of subordinated debt and minority equity capital to small and mid-sized companies throughout the United States. We invest in both sponsored and non-sponsored transactions and provide junior capital and unitranche financing to support buyouts, leveraged recapitalizations, strategic acquisitions, dividends and growth capital.
Please contact us or visit our website at www.brooksidemezzanine.com.